Gambling News
Want to know what is going on in the gambling industry? We got the leading edge, delivering inside stories on land based and online casinos. Be in the know with local and international news that are making headlines.
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Gambling News
ONLINE GAMBLING STOCKS DIVE - AGAIN - AS US DOJ HOLDS GAMING EXECUTIVE - AGAIN.
REUTERS UK Thu Sep 7, 2006 2:05 PM BST162 By Pete Harrison LONDON (Reuters) – The United States detained a second Internet gaming executive on Thursday, adding to fears it is cracking down on the lucrative industry and sparking share price falls that wiped over $1.5 billion (800 million pounds) off the market value of the sector. Online bookmaker Sportingbet said its chairman, Peter Dicks, had been detained by U.S. -
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eCOGRA NEEDS YOUR INPUT FOR ONLINE GAMBLING SURVEY
HERE IS YOUR CHANCE TO SPEAK YOUR MIND An invitation for you to give your views in the biggest online gambling survey ever launched How often have you wanted to tell the top management of the online gambling venues that you use how they should be running things to achieve better customer satisfaction? Those times when you might want to point out areas where improvements could be made; new ideas you think might work well or praise for facets of an operation that you think gets it right? Well &...
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Online Gambling Legislation Opposed by Independent Community Bankers of America
BankNet 360 Posted By: Vince Ryan Aug 30 2006 06:00:10 PDT ICBA Opposes Bill to Stop Illegal Online Gambling Congressional legislation that would attempt to block electronic transfers between U.S. gamblers and offshore casinos is being opposed by the Independent Community Bankers of America, according to The Wall Street Journal.
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FORMER ONLINE GAMBLING EXEC MAKES BAIL
BusinessWeek.com The Associated Press/ST. LOUIS By CHRISTOPHER LEONARD AP Business Writer AUG. 16 3:17 P.M. ET Former online gambling executive David Carruthers was freed on a $1 million bond Wednesday after spending nearly a month behind bars following his arrest on racketeering and fraud charges. Carruthers, 48, was freed after a hearing before U.S. District Judge Mary Ann Medler. He had been expected to be released as early as Monday but it took days to work out technical details.
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Bettors Deserve Better - Crusade against online sports gambling is unfair
SI.com Justin Doom > Doom’s Day Tuesday August 15, 2006 4:12PM The only safe place to bet on sports is in Las Vegas. At this rate, it’s only a matter of time before I’m in jail. In fact, I wonder what the odds on that would be. Maybe I can find a Web site that will offer a line. But I’d better find it soon. Did you hear what happened to the folks over at BetOnSports.com? After recently being singled out and indicted by U.S.
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WinnerOnLine Interviews Lawrence G Walters
An Interview With Lawrence G. Walters: Part I, originally published at >WINNERONLINE – http://www.winneronline.com by Karl Yu, Winneronline 15 August, 2006 There are a lot of legal implications when it comes to online gaming and America’s stance against it. Over the past six months the U.S.
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More Problems for BetOnSports and Associates
It’s been reported that shareholders of BOS are considering legal action against BOS advisors based on the fact that they (advisors) did not mention any unfavorable background on Gary Kaplan, previous owner of the company prior to the the stock offering. It’s rumored that Kaplan has left Costa Rica for parts unknown but the middle east is suspected. He was included in the indictment against BOS for, among other charges, fraud and racketeering.
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eCOGRA Achieves 100 Online Casinos Target Months Ahead of Schedule
Gambling Standards Authority Issues its 107th “Play It Safe” Seal to Accredited Online Casinos and Poker Rooms LONDON, August 14 /PRNewswire/ — The online gambling standards and player protection body, eCommerce and Online Gaming Regulation and Assurance (http://www.eCOGRA.org), today announced it achieved its target of accrediting 100 online casinos and poker rooms before December 2006. eCOGRA launched its 100 Seals campaign in May this year with 76 accredited sites.
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Jeff Haney on a dying scheme to hustle online casinos
LAS VEGAS SUN SPORTS August 14, 2006 at 7:29:0 PDT The federal government’s recent crackdown on online gambling has thrust the largely unregulated, sometimes bizarre backwater of Internet casinos into the spotlight. Not long after the House of Representatives passed legislation this summer designed to clamp down on online gambling, the boss of Costa Rica-based BetOnSports was arrested while changing planes in Texas.
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Online Gambling Company Still Target
Belleville News Democrat Sat, Aug. 12, 2006 Associated Press ST. LOUIS – Federal prosecutors said Friday they will continue prosecuting BetOnSports PLC even though the online gambling company is shutting down its operations that take bets from U.S. customers. Separately, U.S.
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BetOnSports folds to US
INB – Internet News Bureau August 11, 2006 BetonSports Folds U.S. Hand By Roy Mark Betonsports.com is folding its U.S. hand. With the British-based company named in a 22-count indictment for violating American gambling laws and its former CEO sitting in a St. Louis jail, BetonSports said Friday it was permanently cutting off access to its site for U.S. bettors. The site has been dark for American online gamblers since last month when a U.S.
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BetOnSports Refunding Options Limited
ITBusinessNet.com Gamblers hoping to get money back after betting Web site shuts down By ADAM GOLDMA, AP Business Writer Since BetOnSports PLC started accepting wagers online, gamblers played the odds on plenty of sporting events. But they also gambled on whether U.S.
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US sheds few tears for Carruthers
Times Online August 07, 2006 By Walter Olson Like Prohibition-era Oklahomans who were said to stagger to the polls to vote dry, America these days is a gambling-mad country happy to elect officials who outdo each other in anti-gambling fervor.
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A fool.com post about cryptologic
fool.com cryptologic post The following is a post from Fool.com, one of my favorite stock related sites. If you haven’t checked it out, do yourself a favor and do! “POST OF THE DAY Cryptologic, Inc. One last thing… By DemonDoug August 9, 2006 Posts selected for this feature rarely stand alone. They are usually a part of an ongoing thread, and are out of context when presented here.
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The400Group Launches New Art-Themed i-Slot
Reel Crime 2: Art Heist is Latest To Add Fun, Interactive Features to Classic Slot ExperienceJuly 27, 2006- The400Group today announced the release of Reel Crime 2: Art Heist, a new i-Slot from Rival Gaming.
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US CHAMBER OF COMMERCE WARNS NET GAMBLING BILL WILL HURT FNANCIAL GROUPS
By Lilly Vitorovich Of DOW JONES NEWSWIRES LONDON -(Dow Jones)- The U.S. Chamber of Commerce wants the Senate to amend the controversial Internet gambling legislation, saying it would impose a “substantial regulatory burden” on financial institutions.
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NOT GUILTY PLEAS ENTERED FOR BETONSPORTS CEO
bellevillenewsdemocrate.com JEFF DOUGLAS Associated Press ST.
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Belle Rock Summer Fling, Brand New Ways to Win More Bling!
New Giveaways Including Winning Is Easy, Winners Get It All and Live the Winning Life Headline Belle Rock’s New August Promotions Gibraltar, August 1, 2006 – Today Belle Rock Entertainment announced the launch of six new fantastic promotions across their popular group of online casinos and poker rooms, River Belle (www.riverbelle.com), Lucky Nugget (www.luckynugget.com), The Gaming Club (www.gamingclub.com), and Jackpot City (www.jackpotcity.com).
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Allyn Jaffrey Shulman Joins Poker Players Alliance Board of Directors
WASHINGTON, July 28, 2006 (PRIMEZONE) — The Poker Players Alliance (PPA), a non-profit grassroots organization that has grown to more than 75,000 American poker players, today announced that Allyn Jaffrey Shulman, an expert in gaming law, is joining the PPA board of directors. “I am delighted that Allyn has agreed to join our board,” said Michael Bolcerek, president of the Poker Players Alliance.
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HEARINGS SCHEDULED FOR MONDAY IN BETONSPORTS CASE
BUSINESS WEEK July 28, 2006, 3:58PM By DAN CATERINICCHIA AP Business Writer © 2006 The Associated Press WASHINGTON — Attorneys at the Justice Department headquarters here have been involved from the outset of an investigation by the US Attorney’s office in St.
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THERE'S BIG BUCKS IN WEB GAMBLING
ABC NEWS By MICHAEL P. REGAN AP Associated Press July 28, 2006 — Question: Can I get in trouble for gambling on the Internet? Answer: Despite the recent high-profile indictments of the founder and CEO of Internet gambling company BetOnSports PLC, it does not appear that online gamblers in most U.S.
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Outlook dims in US Senate for online gambling bill
REUTERS By Peter Kaplan and Thomas Ferraro WASHINGTON, July 26 (Reuters) – Prospects have dimmed for swift U.S. Senate passage of a bill to outlaw most forms of Internet gambling as industry trade groups and lawmakers raise objections, congressional sources said on Wednesday. Efforts to move a House-passed measure through the Senate have run into opposition from lobbyists representing casino owners and horse- and dog-racing interests in recent days.
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Bet-On-Sports Fires CEO But Mystery Surrounds Former Founder Gary Kaplan
The INQUIRERBy Tony Dennis: Wednesday 26 July 2006, 10:23 LEADING UK online betting site, Betonsports has fired its CEO. Mainly because he is under arrest in Fort Worth,Texas.
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BETONSPORTS SACKS ARRESTED CEO
Guardian Unlimited Tuesday July 25, 2006 Mark Tran The online gambling company BetonSports today sacked its chief executive after his arrest in the US on fraud charges. David Carruthers was arrested last week at Dallas-Fort Worth international airport, Texas, while on his way from the UK to Costa Rica, where BetonSports is based.
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A HYPOCRITICAL INTERNET GAMBLING BAN
THE HAMILTON SPECTATOR Protecting American family values — or the offline industry? Gambling is one of the great successes of online commerce.
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CLASS ACTION LAW FIRM SAYS ARREST OF GAMBLING EXECUTIVE RAISES QUESTIONS OF US MOTIVES
DALLAS, July 20 /PRNewswire/ — The surprise airport arrest of a prominent UK internet gambling executive this week is a counter-productive application of US law that ignores complex international trade issues, says Larry Gaydos, partner in the White Collar Defense/Antitrust Practice Group at Haynes and Boone, LLP.
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DAVID CARRUTHERS BAIL HEARING POSTPONED
Telegraph.co.uk By David Litterick in Fort Worth and Harry Wallop (Filed: 22/07/2006) David Carruthers faces the prospect of a four-day bus trip in sweltering temperatures across the southern United States after waiving his right to a bail hearing in Fort Worth. After being arrested at Dallas airport on Sunday, the chief executive of BetonSports will now be transported by marshals from the federal jail in Forth Worth to a holding centre in Oklahoma City.
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UPDATE: FRIST HOPES FOR WEB GAMBLING VOTE BEFORE SENATE BREAK
REUTERS Small Business News Thu Jul 20, 2006 2:49pm WASHINGTON, July 20 (Reuters) – A bill to ban Internet gambling faces opposition in the U.S. Senate, but backers still hope to win passage of it within a few weeks, a top aide to U.S. Senate Majority Leader Bill Frist said on Thursday. “We are trying to get something done before the August recess,” set to begin on Aug.
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W.T.O. PANEL WILL INVESTIGATE U.S. LIMITS ON ONLINE GAMBLING
The New York Times By THE ASSOCIATED PRESS Published: July 20, 2006 GENEVA, July 19 (AP) — The World Trade Organization set up a panel on Wednesday to investigate whether United States restrictions on Internet gambling comply with international trade rules. The Caribbean country of Antigua and Barbuda asked the W.T.O.
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BOLCEREK = "ONLINE GAMBLING COULD ROLL IN BIG PAYOFF"
USA TODAY OPINION Michael Bolcerek President, Poker Players Alliance As USA TODAY properly noted in its editorial on Internet gambling, prohibitions don’t work (“How to counter online bets,” Editorial, Monday). Legislation passed by the U.S. House of Representatives that seeks to ban online poker and other forms of Internet gambling, while making exceptions for horse racing and online lotteries, will not effectively deter youth gambling or prevent compulsive gambling.
